Money Saving Expert founder Martin Lewis has revealed how ITV viewers can get £180 back from M&S.
Speaking on This Morning, Martin Lewis said: "This is Marks and Spencer's, they will give you a free £100 but on an M&S gift card. It's not exactly cash but if you're going to spend in M&S, it's cash in M&S.
"They give you that for switching and there's no minimum pay in. If you make a minimum pay in of £1,200 which is a £17,000 salary, it will then add another £80 to your gift card, making it £180 in total.
"Interestingly that's £100 for this Christmas and £80 for next Christmas."
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After revealing how else you can get money back, Martin explained how other banks will pay you a switching fee for joining them.
He explained: "What this is all about is banks willing to bribe you to switch accounts. Legally bribe you, so you should grab the money.
"There are now four banks that will pay you to switch to them, three of them that will do it quickly.
"You need to switch to them using their switch service, it takes seven working days to witch so that's around nine days in reality.
"They say they will pay you up to 30 days later. If you pull that all together, that's around 40 days away so you just might get that in time for Christmas.
"If not, you'll have it early in January which you're stretched anyway when you're often paying off those Christmas bills. I'd say it's loosely there in time for Christmas."
After running through the main banks which are participating, Martin said the one that gives the biggest amount up front is HSBC's advance account that pays you £175 if you switch to it.
He added: "It also has a linked regular saver where you can save up to £250 a month early 2.75%.
"It has a minimum monthly pay in, which really only says 'this needs to be your main bank account you've got to pay your salary in'.
"It's monthly pay in is the highest, you need £1,750 going in a month, thats equivalent to a salary of £26,000.
However, if you don't earn enough monthly, you don't need to worry.
Martin said: "Let's say you don't earn £17,000 a month, let's say you earn £1,000 a month.
"The next day you withdraw £700 out of your bank account and the day after that you pay it back in and now you've met your £1,700 pay in."
Martin explained how it was fine for you to pay in the same money as the account required you to pay in a total of £1,700.
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